PVG Market In A Minute - August 8, 2023
August 8, 2023
We have been looking for a 5%-10% pullback in the market, especially as we have entered the worse 2 months seasonally. The S&P 500 was down -2.3% last week. You can find many fundamental reasons to be concerned about the market, valuations, 10-Year Treasury yields rising, inverted yield curve, earnings expectations still too high, and sentiment too positive.